The U.S. Administration is mulling over whether to temporarily remove the summertime restriction on the sale of the higher-ethanol gasoline varieties in another policy attempt to lower high gasoline prices, Reuters reported on Thursday, citing sources with knowledge of the deliberations. The U.S. typically restricts the sale of the 15-percent ethanol-gasoline blends during the summer driving season because of concerns that it would increase smog in hot weather. The 10-percent ethanol-gasoline blends are being sold all year round. Now, as a potential move to reduce high gasoline prices, the Biden Administration is considering temporarily removing the ban on the 15-percent ethanol gasoline, Reuters’ sources said. The higher ethanol content could potentially lead to a lower price of the gasoline because ethanol is now cheaper than straight gasoline out of the refinery. As of March 31, the national average price of regular gasoline stood at $4.225 per gallon, according to […]